Buy Illinois Stocks, Not Chicago Bonds
November 14, 2013 at 15:28 PM EST
In a recent article in The Wall Street Journal by Michael Corkery and Matt Wirz, "Hedge Funds Muscling into Munis," it was reported that hedge funds are buying bonds from Chicago and other distressed cities. According to Richard Larkin, Director of Credit Analysis at H.J. Sims & Co., "I don't think